Comparing the Costs of Credit Cards. Bobby is trying to decide between two credit cards. One has

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Comparing the Costs of Credit Cards. Bobby is trying to decide between two credit cards. One has no annual fee and an 18 percent interest rate, and the other has a $40 annual fee and an 8.9 percent interest rate. Should he take the card that’s free or the one that costs

$40?

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Personal Finance

ISBN: 9781260799736

13th Edition

Authors: Jack Kapoor

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